Sacramento Kings to accept Bitcoin for purchases Print
Written by Admin   
Thursday, 16 January 2014 07:49
NBA Headline News

 SACRAMENTO, Calif. (AP) - The Sacramento Kings are set to become the first major professional sports franchise to accept Bitcoin virtual currency for ticket and merchandise purchases.
The Kings announced Thursday that fans will be able to buy gear from the official team store and pay for tickets with the digital money beginning March 1. Purchases will be processed through BitPay, which accepts the digital dollars and pays the Kings in cash.
Bitcoin users buy digital money and load it onto a virtual wallet. Unlike government-issued money, the value of Bitcoin fluctuates rapidly. At one point Thursday, the value of one Bitcoin was worth nearly $850.
Kings owner Vivek Ranadive said the new payment method is part of his model for ''NBA 3.0, which focuses on investments in technology, globalization and deep community partnerships.''
 

NBA Team Pages

Top NBA Public Bets

#1 520 Utah Jazz 82%
#2 518 Houston Rockets 75%
#3 516 Oklahoma City Thunder 71%
#4 505 San Antonio Spurs 70%
#5 513 Toronto Raptors 70%
#6 523 New Orleans Pelicans 69%
#7 509 Brooklyn Nets 68%
#8 511 Chicago Bulls 67%
#9 522 Portland Trail Blazers 57%
#10 504 Washington Wizards 53%
View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

NBA Futures

NBA TEAM NBA FINALS ODDS CURRENT
CLEVELAND CAVALIERS 2/1
GOLDEN STATE WARRIORS 11/4
SAN ANTONIO SPURS 15/2
ATLANTA HAWKS 10/1
MEMPHIS GRIZZLIES 10/1
HOUSTON ROCKETS 14/1
OKLAHOMA CITY THUNDER 16/1
CHICAGO BULLS 16/1
LOS ANGELES CLIPPERS 20/1
DALLAS MAVERICKS 28/1
View All

Privacy Policy | Terms of Service | Contact Us | Advertising | 888-99-SPREAD

THIS IS NOT A GAMBLING SITE – If you think you have a gambling problem click here.

Disclaimer: This site is for informational and entertainment purposes only. Individual users are responsible for the laws regarding accessing gambling information from their jurisdictions. Many countries around the world prohibit gambling, please check the laws in your location. Any use of this information that may violate any federal, state, local or international law is strictly prohibited.

Copyright: The information contained on TheSpread.com website is protected by international copyright and may not be reproduced, or redistributed in any way without expressed written consent.

About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 199 countries around the world each year. Our coverage includes all North American College and Professional Sports as well as entertainment, political and proposition wagering news.

©1999-2013 TheSpread.com